Mortgage Blog
Canada's Mortgage Experts
Fixed vs. Variable Rate Mortgages
March 10, 2025 | Posted by: Cecile Morell
Fixed vs. Variable Mortgages – Which One is Right for You?
Should you choose a fixed or variable mortgage rate in 2025? Learn the pros and cons of each to make the best financial decision.
Understanding the differences between fixed and variable mortgage rates can save you thousands.
Pros & Cons
- Fixed Rates: Stability but potentially higher costs.
- Variable Rates: Lower rates but fluctuating payments.
Choosing the Right Option
- Consider your risk tolerance.
- Factor in market trends.
- Consult a mortgage expert for personalized advice.
Final Thoughts: Your choice depends on financial stability and risk preference.
